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One kilogram gold bars are seen in this picture illustration

Spot gold reverse early losses on econ worries

Spot gold reversed early losses, putting it back on track for its best week since January 2009 as worries about the euro zone debt crisis and global growth drive investors to safe havens.
One kilogram gold bars are seen in this picture illustration

Gold Eases after CME Hikes Margin

Gold eases off the session's record highs after the CME Group raised margins on COMEX gold futures, but turmoil in the global financial markets and fears of slower growth buoyed sentiment.
Photo illustration of man silhouetted in board showing Italian equity market index in Rome

Asia stocks up with near-term focus on value

Asian stocks edged up on Friday, as investors hunted for value after an intense week of volatility, though the festering European financial crisis may mean that havens like gold and the Swiss franc may still draw buyers.
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Franc party rained on by SNB; yen eyed

The safe-haven Swiss franc nursed heavy losses in Asia on Friday, having posted record one-day falls against the euro and dollar after the Swiss National Bank threatened to step up its fight to curb the franc's strength.
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Jobs data strikes optimistic note for economy

The number of Americans claiming new jobless benefits fell to a four-month low last week, a sliver of hope for an economy battered for days by a credit rating downgrade and falling share prices.
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World stocks stabilize after battering and euro rises

World stocks edged up on Thursday from this week's 11-month low as higher U.S. stock futures calmed frayed investor nerves after a steep sell-off triggered by concerns about the U.S. economic slowdown and the euro zone banking system.
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Japan sharpens verbal warning vs yen spike

Japan sharpened its warning to currency markets on Thursday in the wake of the yen's rise near record highs against the dollar, keeping markets jittery about the possibility of a second round of intervention.
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Stock futures rise, though Europe risks loom

U.S. stock futures rose 2 percent on Thursday after a sharp drop on Wall Street overnight, limiting losses in Asian shares, though sustained gains depended on how Europe reacts to a sovereign debt crisis that is threatening its banking system.
One kilogram gold bars are seen in this picture illustration

Gold eases from record high after CME margin hike

Gold eased on Thursday from record highs struck earlier in the session after the CME Group raised margins on COMEX gold futures, but turmoil in the global financial markets and fears of slower growth will buoy sentiment.
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US stock futures rise helps pare Asia losses but Europe is key

U.S. stock futures rose 1 percent on Thursday after a sharp drop on Wall Street overnight, limiting losses in Asian share markets, though the focus was shifting to how Europe reacts to a sovereign debt crisis that is now threatening its banking system.
Chinese companies on a Foreign Foray

Is China left holding the credit baby?

August's dramatic financial shock, which is now both feeding off and risks fueling another economic downturn, may well introduce a third phase of the four-year-old global credit crisis -- the infection of the ultimate creditors.
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Japan Earthquake Shook Earth's Upper Atmosphere

The magnitute 9 Tohoku Earthquake, which released a giant tsunami on Japan's coastal land, rattled the ionosphere, and almost reached out to space. The ionosphere is one of the highest layers of the atmosphere, and ripples were created in electrically charged particles created nearly 220 miles above Earth.
Earthquake Strikes Northeast Japan

Japan Earthquake Generated Waves in Higher Atmosphere

The Tohoku quake off of coastal Japan that spawned a tsunami and wreaked havoc on land also triggered waves all the way up to the ionosphere, one of the highest layers of the atmosphere, creating ripples in electrically charged particles nearly 220 miles above Earth.

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